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Topic: Will Bitcoin be surpassed by Ethereum??? - page 6. (Read 3340 times)

legendary
Activity: 910
Merit: 1000
I have bought some Ethereum a while back ago and already doubled my investment. Ethereum price has been growing a lot and there's already a lot of people saying that Ethereum will be the next momentum currency.

What do you guys think? Should I hold some more?
Ethereum is new coin there are not many people who accept it as payment method. Even bitcoin its self there are not many people who accept bitcoin. I suggest if you have got profit so sell them.
legendary
Activity: 938
Merit: 1000
There is no reason to think that can happen at least on short time, BTC looks very strong.
newbie
Activity: 2
Merit: 0
I haven't made up my mind about ETH yet but I'm going to play devil's advocate and assume it is unequivocally 100% superior to BTC.

Even in such a scenario I feel the best-case outcome for ETH is a 50/50 duopoly and the reason for that is, and I'm not academically literate in economics so correct me if I'm wrong, but markets tend to drift towards a power struggle between two competing resources/corporations/currencies. Now many markets reach an equilibrium before this happens (Forex has about 3-4 "major players") but other markets become dichotomous (Gold/Silver). Regardless of where the market reaches a sort of equilbrium their is always a TENDENCY for two, if there is ONE another emerges, if there are four two will merge, etc.

Now the second point I'd make is one of the first things I ever learnt when it comes to business, there are TWO ways to succeed and be relevant: be the best or be the first. Even in a world where ETH is crowned most superior crypto, BTC will remain the only viable alternative because of it's precedent/image/brand recognition. Bitcoin made one of the biggest impact on the world in the 21st century, that kind of impression isn't going to fade for decades.

So I think ETHs BEST-CASE scenario is a 55:35 market share split BTC:ETH. Again that still leaves tons of profit to be had, I personally predict MktCap of cryptos to hit 1tn by 2020.
hero member
Activity: 966
Merit: 507
Ethereum is just a trendy altcoin and all about it is mere speculation. Lots of new and "improved coins have born and gradually died without affecting the supremacy of bitcoin, so I would not be so enthusiastic about the future of Ethereum.
legendary
Activity: 1588
Merit: 1000
I think nobody will know this for a while. If they can make it scale out and it can function once it gets widely adopted then yes I think it could surpass BTC with ease. When is casper and pos coming in?

About one year away.


And ETH has not collapsed in terms of USD:

May 1...... $8.85 (0.01965 BTC)

May 29... $12.50 (0.02350 BTC)

That's up 40% despite all the problems with the DAO...
While the "massive" Bitcoin spike amounts to about 17%.
hero member
Activity: 648
Merit: 502
Ethereum exists to be used for smart contracts, and not as a real, value-holding currency, like Bitcoin. it can have a high market cap, high value, whatever it wants, but it won't surpass Bitcoin (primarily) because it just wasn't the first, and biggest, cryptocurrency.

I second this. Ethereum is more an application platform than a cryptocurrency. Ethereum is, therefore, more targeted to the business world. Bitcoin is more targeted to the everyday user. So the potential user base for Bitcoin is higher.

But it is perfectly possible that Ethereum in some point of the future surpasses Bitcoin - but that would mean Bitcoin is flawed, for example, because of its energy-consuming PoW system. If Ethereum changes to PoS without problems, then Bitcoin could be in trouble.

There is no problem with the PoS coins. There are many out there. But the PoW mining gives it more value.
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
Ethereum exists to be used for smart contracts, and not as a real, value-holding currency, like Bitcoin. it can have a high market cap, high value, whatever it wants, but it won't surpass Bitcoin (primarily) because it just wasn't the first, and biggest, cryptocurrency.

I second this. Ethereum is more an application platform than a cryptocurrency. Ethereum is, therefore, more targeted to the business world. Bitcoin is more targeted to the everyday user. So the potential user base for Bitcoin is higher.

But it is perfectly possible that Ethereum in some point of the future surpasses Bitcoin - but that would mean Bitcoin is flawed, for example, because of its energy-consuming PoW system. If Ethereum changes to PoS without problems, then Bitcoin could be in trouble.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
I think nobody will know this for a while. If they can make it scale out and it can function once it gets widely adopted then yes I think it could surpass BTC with ease. When is casper and pos coming in?
member
Activity: 212
Merit: 10
Ethereum has become phenomenal in this past few weeks, holding ethereum for me is going to be a good investment, there are a bright future for ethereum to shine, but i doubt it will surpassed bitcoin

With hindsight, it is better to sell when the price was $15 and buy it now or when the price is $6-8.
full member
Activity: 149
Merit: 100
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I have bought some Ethereum a while back ago and already doubled my investment. Ethereum price has been growing a lot and there's already a lot of people saying that Ethereum will be the next momentum currency.

What do you guys think? Should I hold some more?


You can hold out till the price reaches the peak.

Keep an eye out for this.


When it starts to fall, quickly sell all you have.
legendary
Activity: 1666
Merit: 1001
Ethereum has become phenomenal in this past few weeks, holding ethereum for me is going to be a good investment, there are a bright future for ethereum to shine, but i doubt it will surpassed bitcoin
sr. member
Activity: 340
Merit: 250
I beleive in the doomsday scenario. I think 7/11 will cause a free fall in the price of bitcoin, because the network will really slow down.

People will start sell their bitcoins to buy ethereum until the scalability problems solved in bitcoin. It will give an extra boost to ethereum and any other cryptos (dash) to get closer to Bitcoin price.
hero member
Activity: 663
Merit: 501
Kind of shocked that r0ach troll has not come in here to back this thread too.  I got into ETH at .0021 and have held onto the 4500 I bought, 3 months ago I started mining ETH.... I'm thinking it can go to $40 like LTC did. maybe in July sometime. Fingers cross as we say its all speculation anyway.
legendary
Activity: 2450
Merit: 1047
I have bought some Ethereum a while back ago and already doubled my investment. Ethereum price has been growing a lot and there's already a lot of people saying that Ethereum will be the next momentum currency.

What do you guys think? Should I hold some more?
In my opinion you should ethereum is just starting out and many projects and contracts are being launch that are associated with Ethereum,right now this is the best time to buy so many people are now dumping it on Yobit..
legendary
Activity: 1610
Merit: 1183
Unfortunately, Ethereum will never surpass Bitcoin. Ethereum is a failure when it comes to being a currency because its turin complete, which leads to endless weaknesses for this end, this is why Satoshi made Bitcoin non turin complete in purpose.
legendary
Activity: 924
Merit: 1000
"Will Bitcoin be surpassed by Ethereum???"
Short anwer is no....

One possibility to consider: all the press that Ethereum is getting will encourage more people to look (again?) at Bitcoin. Ethereum might end up pushing Bitcoin up.
legendary
Activity: 924
Merit: 1000
I have bought some Ethereum a while back ago and already doubled my investment. Ethereum price has been growing a lot and there's already a lot of people saying that Ethereum will be the next momentum currency.

What do you guys think? Should I hold some more?

As a long-term hold, yes. Just make sure you hold onto them. Wink
sr. member
Activity: 392
Merit: 250
"Will Bitcoin be surpassed by Ethereum???"
Short anwer is no. Like others in this topic already pointed out, most likely Ethereum will see the same future as did Litecoin.

smart contracts seem to be a thing now, and bitcoin can do it by itself. litecoin was just clone of btc with few variables changed and did not provide any new use cases. eth might be different from btc enough to have its own use and users, independent of btc.
sr. member
Activity: 242
Merit: 250
"Will Bitcoin be surpassed by Ethereum???"
Short anwer is no. Like others in this topic already pointed out, most likely Ethereum will see the same future as did Litecoin.
hero member
Activity: 648
Merit: 502
It will raise but wont surpass i suppose, as talking about cryptocurrency when u serach, btc comes in mind first Tongue

Some gambling site has accepted Etheruem to be used in their system. So it is treated like bitcoin or a currency.
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